https://www.taxtmi.com/acts?id=37820 Prior to a private placement of municipal debt securities proposed to be listed, the issuer must file a preliminary placement memorandum with the Board and the stock exchange(s) through a registered merchant banker, together with the required disclosures and due diligence certificate. The Board may issue observations within fifteen days from the relevant latest date. The merchant banker must ensure that comments are incorporated before filing the placement memorandum, and the debenture trustee must furnish a due diligence certificate before the opening of private placement. en-us Mon, 30 Sep 2019 18:03:23 +0530 Fri, 10 Jul 2026 14:11:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=37820 Prior to a private placement of municipal debt securities proposed to be listed, the issuer must file a preliminary placement memorandum with the Board and the stock exchange(s) through a registered merchant banker, together with the required disclosures and due diligence certificate. The Board may issue observations within fifteen days from the relevant latest date. The merchant banker must ensure that comments are incorporated before filing the placement memorandum, and the debenture trustee must furnish a due diligence certificate before the opening of private placement. Act-Rules SEBI Mon, 30 Sep 2019 18:03:23 +0530 https://www.taxtmi.com/acts?id=37820